Big Boy Toyz clocks ₹600 crore in FY25, to expand presence

The company plans to expand its presence in the hinterland

Seller of pre-owned luxury cars Big Boy Toyz (BBT), has recorded a revenue of ₹600 crore in FY25, up by 40 per cent on year, buoyed by the demand for used cars.

Encouraged by the robust demand and demand, the company plans to expand its presence in the hinterland. One-third of its revenue came from Karnataka. 

“Our growth strategy is to focus on expanding our footprint in key cities like Gurgaon, Mumbai, Ahmedabad, Hyderabad and Bengaluru, while we also plan to open a new showroom in Ludhiana. We are also going to launch an automotive university in Himachal Pradesh by 2026, which will foster young talent and position India as a global leader in automotive innovation,” Jatin Ahuja, Founder and Managing Director of Big Boy Toyz told businessline. 

The Indian used car market is expected to reach 1.09 crore units with a value more than doubling to $73 billion by FY28, according to the Indian Blue Book report by ‘Car&Bike’ and Das WeltAuto by Volkswagen. The domestic used car industry was valued at ₹32.44 billion in FY23.  

Big Boy Toyz offers consumers the opportunity to select their desired second-hand luxury car models through a mobile application. The company also operates cars.co.in, a pre-owned luxury car marketplace. 

“The pre-owned luxury car market in India has been growing at a rate of 15 per cent per annum over the past five years. We believe that with Cars.co.in we will be able to increase and build revenue on a per sq ft basis. We want to double our efforts with CCI as a part of our growth and expansion plan,” he said.

Pre-owned luxury trend

The luxury car market has seen an increase in consumers wanting to limit their vehicle ownership after the pandemic. The company has also seen an uptick in luxury car demand from Bengaluru attributing it to the growth in the IT sector. 

“The market has remained strong post-pandemic, driven by the desire to own luxury cars and a trend towards shorter ownership periods, leading consumers to opt for pre-owned luxury vehicles,” added Ahuja. 

Published on April 20, 2025